Nigeria
featured
Julian Roberts, CEO of international long-term savings group, Old Mutual, tells CNBC that they¿ve reshaped there business to drive growth in Sub Saharan Africa, where sales grew by 18 percent.
» Read More
More
-
LONDON, Nov 30- The big "known unknowns", to borrow from former U.S. defence secretary Donald Rumsfeld, are now so familiar to most global investors that they have to think long and hard about risks looming in 2013.. And a glance at the election calendar for next year- with polls in Italy, Germany, Israel and Iran- shows there's no shortage of "event risks".
-
*Political crisis in Egypt stokes geopolitical concerns. NEW YORK, Nov 30- Oil rose on Friday, notching its first monthly gain since August, as the market continued to balance risks to demand from the U.S. budget standoff against concerns about disruption to Middle East supplies.
-
*Political crisis in Egypt stokes geopolitical concerns. NEW YORK, Nov 30- Oil rose on Friday, headed for its first monthly gain since August as the market continued to balance risks to demand from the U.S. budget standoff against Middle East supply concerns.
-
ABIDJAN, Nov 30- West Africa's BRVM Bourse will extend trading hours and encourage smaller firms to list as part of a drive to improve its performance and promote a tie-up with neighbouring exchanges, its new director said on Friday.
-
LONDON, Nov 30- The big "known unknowns", to borrow from former U.S. defence secretary Donald Rumsfeld, are now so familiar to most global investors that they have to think long and hard about risks looming in 2013.. And a glance at the election calendar for next year- with polls in Italy, Germany, Israel and Iran- shows there's no shortage of "event risks".
-
*Demand for OPEC oil to drop 400,000 bpd in 2013. LONDON, Nov 29- High oil stockpiles, slowing demand growth and a fragile world economy would usually give OPEC reason to consider supply cuts when it meets next month, especially when some think they may be pumping more than enough to meet demand.
-
*Muddy Waters questions Olam's accounting practices. *Olam shares fall as much as 11 pct before paring losses. SINGAPORE, Nov 20- Olam International Ltd defended itself after short-seller Muddy Waters attacked its accounting practices and bet against the Singapore commodities trader.
-
ABUJA, Nov 20- Nigerian President Goodluck Jonathan has said he did not cancel a power transmission contract awarded to state-owned Canadian firm Manitoba Hydro, days after his office said he had, adding confusion to a closely-watched privatisation process.
-
*Muddy Waters questions Olam's accounting practices. SINGAPORE, Nov 20- Singapore commodities trader Olam International Ltd defended its accounting practices after attacks by short-seller Muddy Waters which media reports said questioned the way it keeps its books, sending its shares tumbling as much as 11 percent in heavy volume.
-
*Muddy Waters questions Olam's accounting practices. SINGAPORE, Nov 20- Singapore commodities trader Olam International Ltd defended its accounting practices after attacks by short-seller Muddy Waters which media reports said questioned the way it keeps its books, sending its U.S.-listed shares tumbling.
-
PARIS, Nov 6- Pernod Ricard plans to tap Africa's thirst for whisky, vodka and cognac at a time when China is slowing and bets the continent will become a key growth area for the French spirits group within 10 years.
-
LONDON- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank says. ( HSBC/, expect 1715 GMT/ 12.15 PM ET, by Steve Slater and Matt Scuffham, 870 words).
-
ABUJA, Nov 5- Nigerian President Goodluck Jonathan is coming under increasing pressure to tackle government corruption after an oil probe released last week showing billions of dollars of lost state revenues sparked a political row.
-
Nov 5- Nigeria's airline industry is in dire financial straits, putting its already poor safety record at risk of further deterioration.. Sept. 26, 1992- A Nigerian Air Force C-130 crashed minutes after taking off from Lagos airport. Nov. 7, 1996- A Boeing 727 operated by Nigeria's ADC crashed on its way from Port Harcourt to Lagos.
-
LAGOS, Nov 5- Passengers arriving at Murtala Mohammed airport in Lagos could be forgiven for thinking they had stumbled into a refugee camp. 'Last flight to Abuja', a film about a plane crash caused by mechanical failure, is the longest running box office smash in' Nollywood', Africa's answer to Hollywood and the world's third biggest film industry.
-
*Exodus of talent and money from Russia. Russia is exporting three things in great quantity, says a leading Moscow banker: natural resources, capital and people. Only the first could be regarded as healthy and sustainable; the other two imply that oligarchs and ordinary citizens alike are turning their back on Putin's Russia.
-
Third-quarter results from Exxon Mobil, Royal Dutch Shell and other top international players released over the past few days mostly beat expectations thanks to a shortage of the fuels and other crude-oil based products they make.
-
*Super storm Sandy seen impacting fuel demand on US East Coast. LONDON, Nov 1- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.
-
LONDON, Nov 1- World No. 2 oil company Royal Dutch Shell, seen as having some of the best output growth assets in the business, joined its peers in suffering lower production in the third quarter.
-
LONDON, Nov 1- World No. 2 oil company Royal Dutch Shell suffered a 15 percent fall in current cost of supply profits in the third quarter as the impact of lower crude prices, a fall in output and special charges outweighed stronger margins in refining.